![Ecommerce losses to exceed $48 billion globally in 2023 due to online payment fraud](https://images.assettype.com/fortuneindia%2F2021-02%2F510298f8-b0d5-41c0-8c02-15d8cb88952e%2FDWJEDF.jpg?w=300&q=95)
Ecommerce losses to exceed $48 billion globally in 2023 due to online payment fraud
The report recommends that BNPL vendors conduct robust identity verification at the point of onboarding to mitigate these risks.
The report recommends that BNPL vendors conduct robust identity verification at the point of onboarding to mitigate these risks.